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Turnkey Mexican Restaurant And Bar Asset-Sale Seller-Financing Available For Sale

Queens, New York, US
Asking Price:
$315,000 Furniture / Fixtures included
Sales Revenue:
$720,000
Cash Flow:
Undisclosed

HS Listing ID-72330


$315,000 Asking Price

Asset Sale

Seller Financing Available

Approximately $720,000 Annual Gross Sales

Approximately $60,000 Monthly Revenue

8 years in business

Approximately $650,000 invested in recent capital improvements

88-person legal occupancy

Full-service Mexican restaurant with bar and lounge

Full Beer, Wine & Liquor License

Hookah service, live entertainment, sports watch parties, and private event capabilities

Two new 5-ton HVAC systems

Two walk-in refrigerators and one walk-in freezer

Recently renovated restrooms

3-station POS system

Private office

Lease through 2032 at approximately $12,000/month (negotiable)

Excellent turnaround opportunity with significant upside under experienced management

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$144,000 per annum

Business Operation

Reasons for selling:

Other business interests.

Years established:
8

Other Information

Support & training:

Yes.

Owner financing:
Owner financing is available. Please contact the seller for more information.